DC and Marvel would like to evaluate one of the product lines that they sell to defense department. Every month the Company produce an identical number of units, although the sales in units differ from month to month. $111 109 Selling price Units in beginning inventory Units produced Units sold 400 8,800 8,900 360 6900 7200 Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative Fixed costs: Fixed manufacturing overhead Fixed selling and administrative $61,600 $169,100 53,500 145,000 Required: 1. Compute the total Contribution Margin. 2. Compute the Operating Income under Variable Costing. 3. Prepare reconciliation from your Variable Costing Operating Income to compute Operating Income under absorption costing